2 Bed Flat, Single Let, Motherwell, ML1 4BN, £92,000

Highfield Crescent, Motherwell, ML1 4BN - a month ago

Under Offer

BTL

ROI: 4%

~68 m²

+12 photos

ValuationOvervalued

Sold Prices	£30K - £192.5K

Square Metres	~68.11 m²
Value Estimate	£84,250£84,250

Cashflows

Cash In
Purchase Finance	MortgageMortgage
Deposit (25%)	£23,000£23,000
Stamp Duty & Legal Fees	£5,800£5,800
Total Cash In	£28,800£28,800

Cash Out
Rent Range	£495 - £3,000£495 - £3,000
Rent Estimate	£500
Running Costs/mo	£408£408
Cashflow/mo	£93£93
Cashflow/yr	£1,110£1,110
ROI	4%4%
Gross Yield	7%7%

Local Sold Prices

20 sold prices from £30K to £192.5K, average is £79K.

Price	Date	Distance	Address	Price/m²	m²	Beds	Type
£82K	11/21	0.04 mi	552, Merry Street, Motherwell, Lanarkshire ML1 4BW	-	-	2	Flat
£58K	09/21	0.4 mi	32, Vulcan Street, Motherwell ML1 1HB	-	-	2	Flat
£68.5K	06/21	0.42 mi	9, Northfield Street, Motherwell, Lanarkshire ML1 1HE	-	-	2	Flat
£55K	12/21	0.47 mi	31, Loganlea Drive, Motherwell, Lanarkshire ML1 4AR	-	-	2	Flat
£69K	05/21	0.52 mi	6, Scott Street, Motherwell, Lanarkshire ML1 1PJ	-	-	2	Flat
£82K	06/21	0.66 mi	12, Lochranza Court, Carfin, Motherwell ML1 4FJ	-	-	2	Flat
£110K	07/21	0.77 mi	11, Mctaggart Crescent, Motherwell, Lanarkshire ML1 4ZH	-	-	2	Flat
£87.5K	07/21	0.81 mi	38, Windmill Court, Motherwell, Lanark ML1 1XD	-	-	2	Flat
£100K	03/21	0.83 mi	27, Henderson Court, Motherwell ML1 3GZ	-	-	2	Flat
£192.5K	06/21	0.86 mi	5b Avon Court, Avon Street, Motherwell, Lanarkshire ML1 3AA	-	-	2	Flat
£86.5K	01/21	0.87 mi	48, Colville Court, Newarthill Road Carfin, Motherwell ML1 4BF	-	-	2	Flat
£105K	02/24	0.88 mi	81, Roxburgh Court, Motherwell, Lanarkshire ML1 4GQ	-	-	2	Flat
£30K	05/21	0.88 mi	186, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XS	-	-	2	Flat
£43.5K	02/24	0.92 mi	95, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XT	-	-	2	Flat
£40K	02/24	0.92 mi	79, Dalriada Crescent, Motherwell, Lanarkshire ML1 3XT	-	-	2	Flat
£76K	05/21	0.93 mi	32, Thorndene Avenue, Motherwell, Lanarkshire ML1 4DT	-	-	2	Flat
£57.5K	03/21	0.95 mi	166, Jerviston Street, New Stevenston, Motherwell, Lanarkshire ML1 4HT	-	-	2	Flat
£60K	02/21	0.95 mi	156, Jerviston Street, New Stevenston, Motherwell, Lan ML1 4HT	-	-	2	Flat
£110K	04/24	0.97 mi	39, John Muir Way, Motherwell, Lanarkshire ML1 3GX	-	-	2	Flat
£158K	10/21	0.99 mi	26, Cameron Street, Motherwell, Lanarkshire ML1 3AH	-	-	2	Flat

Local Rents

34 rents from £495/mo to £3K/mo, average is £695/mo.

Rent	Date	Distance	Address	Beds	Type
£650	07/23	0.06 mi	-	2	Flat
£495	12/24	0.28 mi	-	2	Flat
£550	12/23	0.29 mi	-	2	Flat
£550	12/23	0.29 mi	-	2	Flat
£550	12/23	0.29 mi	-	2	Flat
£600	04/25	0.29 mi	-	2	Flat
£750	12/24	0.42 mi	-	2	Flat
£750	12/24	0.42 mi	-	2	Flat
£750	11/23	0.66 mi	-	2	Flat
£750	11/23	0.66 mi	-	2	Flat
£650	05/24	0.74 mi	Oakfield Drive, Motherwell, North Lanarkshire, ML1	2	Flat
£695	12/24	0.76 mi	3 Findlay Court, Motherwell, ML1 1LA	2	Flat
£1,795	12/24	0.77 mi	-	2	Flat
£1,675	04/25	0.77 mi	-	2	Flat
£1,195	05/24	0.77 mi	Windmillhill Street, Motherwell, ML1	2	Flat
£1,999	12/24	0.82 mi	-	2	Flat
£750	03/24	0.82 mi	-	2	Flat
£850	09/24	0.82 mi	-	2	Flat
£750	05/24	0.82 mi	Henderson Court, Motherwell, ML1	2	Flat
£650	05/24	0.91 mi	Watson Street, Motherwell	2	Flat
£600	12/24	0.93 mi	Dalriada Crescent, Motherwell	2	Flat
£625	03/24	0.95 mi	-	2	Flat
£650	10/24	1 mi	-	2	Flat
£500	05/23	1.02 mi	-	2	Flat
£500	02/24	1.02 mi	-	2	Flat
£1,050	01/25	1.04 mi	-	2	Flat
£850	05/24	1.04 mi	Bruce Avenue, Motherwell, Lanarkshire, ML1	2	Flat
£650	09/24	1.05 mi	-	2	Flat
£650	12/24	1.11 mi	Arran Road, Motherwell, Lanarkshire, ML1	2	Flat
£775	05/24	1.2 mi	Bellshill Road, Motherwell, Lanarkshire	2	Flat
£650	10/24	1.2 mi	-	2	Flat
£695	06/24	1.2 mi	Wellington Street, Wishaw	2	Flat
£850	05/24	1.21 mi	Laberge Gardens, Motherwell, Lanarkshire, ML1	2	Flat
£3,000	02/25	1.23 mi	-	2	Semi-Detached House

Local Area Statistics

Population in Motherwell	54,08954,089
Town centre distance	0.94 miles away0.94 miles away
Nearest school	0.60 miles away0.60 miles away
Nearest train station	0.73 miles away0.73 miles away

Rental growth (12m)	+69%+69%
Sales demand	Seller's marketSeller's market
Capital growth (5yrs)	+4%+4%

Property History

Listed for £92,000

March 10, 2025

Floor Plans

Description

Located within a popular area of Motherwell lies Highfield Crescent, a well proportioned two bedroom ground floor cottage flat.

The property comprises of two good sized double bedrooms, spacious lounge with feature fireplace, fully fitted modern kitchen, spacious bathroom and storage cupboard. The property is neutrally decorated throughout, and has been modernised to an extremely high standard.

Private garden grounds are available to both the side and rear of the property.

Motherwell offers a great selection of shops, bars, restaurants and leisure facilities. It is perfectly located for the commuter, with the M74 & M8 providing convenient access to the central belt. The town also offers excellent public transport, with train and bus services providing links to the surrounding areas.

Tenure: Freehold

Agent Details

Kirkland Estate Agents, Uddingston

01236 807698

Next Steps?

This deal was sourced from Rightmove. Contact the landlord/agent for a viewing now 💪

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